Formosa wins permits for Texas olefins expansion
Formosa is expanding its chemical complex and taking three actions with its turbines unit, olefins unit and low-density polyethylene (LDPE) unit. The expansion alone will bring over $2 billion in capital investments, create 1800 construction jobs and 225 long-term operations jobs in the local area.
August 6, 2014Continue reading...Petrobras completes USD 5 billion Paulinia Refinery renovation
Petrobras has successfully installed the last unit in its project to expand and modernise the Paulinha Refinery (also known as Replan) – the largest oil refinery in Brazil
August 4, 2014Continue reading...Apache exit threatens Chevron-led Kitimat LNG
Chevron Corp’s plan to build a natural gas shipping terminal on Canada’s Pacific Coast faces mounting challenges with the exit of its partner, Apache Corp.
August 4, 2014Continue reading...Entrepreneur to buy UK refinery from Murphy Oil, turn focus to diesel
US entrepreneur Gary Klesch is buying the Milford Haven oil refinery on the coast of Wales, and betting on ailing European refining industry can only move up.
August 4, 2014Continue reading...CB&I Announces Contract for LNG Export Facility
CB&I together with its partner, Chiyoda Corporation, announced it has been awarded a front end engineering design (FEED) services contract for a proposed LNG export project by Golden Pass Products, LLC (GPP). GPP is a joint venture between affiliates of Qatar Petroleum International and ExxonMobil.
July 31, 2014Continue reading...GTL ’14: Fluor suggests GTL units inside refineries
Speaking at the GTL Technology Forum, Paul Koppel outlined the economic problems with many current GTL proposals and how increased synergies can help push the projects forward.
July 30, 2014Continue reading...Construction approved on new Oklahoma GTL plant
The project is being funded by a joint venture between Waste Management, NRG Energy (NRG), Ventech Engineers International (Ventech) and Velocys, formed to develop a series of GTL plants.
July 30, 2014Continue reading...Technip sees rising cost pressures stopping some industry projects
With Total, Royal Dutch Shell and Chevron among Technip’s clients that plan to rein in spending, the company's CEO acknowledged contracts could be fewer and harder to win.
July 29, 2014Continue reading...ExxonMobil mulls expanding Beaumont refinery into largest in US
If carried out, the rumored expansion could more than double the size of the 344,600 bpd Texas Gulf Coast refinery with the addition of a third crude distillation unit (CDU).
July 29, 2014Continue reading...Badger licenses technology to China cumene plant
The new cumene plant will be integrated with CEPSA Chemical Shanghai’s phenol plant also being built at the same site. The award includes technology license, process design and start-up services.
July 24, 2014Continue reading...
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